Award

Website Re-development

THE FINANCIAL REPORTING COUNCIL LIMITED

This public procurement record has 1 release in its history.

Award

20 Apr 2023 at 13:23

Award Notice
Summary of the contracting process

The Financial Reporting Council Limited has awarded a contract for Website Re-development with a total value of £393,500. The procurement method used was selective, with the procurement stage being completed. The contract period is from April 18, 2023, to April 17, 2027. The tender was under the Digital & Outcomes Specialist 5 framework agreement. The procurement process commenced on January 26, 2023, and the project location is at 8th Floor,125 London Wall, London, EC2Y 5AS. The industry category for this procurement is IT services encompassing consulting, software development, Internet, and support.

This opportunity for Website Re-development, awarded to Torchbox Ltd, presents a chance for SMEs and organisations in the IT services sector to thrive. Businesses providing website development and content management services would be well-suited to compete for this contract. The initiative by The Financial Reporting Council Limited aims to enhance its online presence and user experience, offering significant growth prospects for businesses in the digital technology industry.

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Notice Information

Notice Title

Website Re-development

Notice Description

THIS IS A CONTRACT AWARD NOTICE The FRC's website (https://www.frc.org.uk) is the organisation's public face to the online world. In many cases it will be a stakeholder's only direct interaction with the us. In order to show the FRC as a strong, competent, transparent regulator we need a best practice website that delivers the following core functions: * Provides relevant, timely content * Allows quick access to information * Demonstrates the breadth and quality of our work The FRC needs to procure a new website Content Management System (CMS) to ensure continuity of service beyond October 2023, when our current platform reached end-of-life. This tender was conducted under the Digital & Outcomes Specialist 5 framework agreement (RM1043.7). Additional information: THIS IS A CONTRACT AWARD NOTICE. Base cost PS325,000, plus additional cost (not to exceed PS493,500 over the Initial (two year Term). The contract duration is 2 + 2 Years. Extended Term costs (to include, but not be limited to Cloud hosting, Support/ongoing enhancements etc)

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3b22b8c8-1dde-4dff-a592-d1fe3166be59
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/cd684bf0-7202-4cd0-a611-74a73505bca0
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME, VCSE
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support

CPV Codes

72000000 - IT services: consulting, software development, Internet and support

Notice Value(s)

Tender Value
£393,500 £100K-£500K
Lots Value
Not specified
Awards Value
£325,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
20 Apr 20232 years ago
Submission Deadline
26 Jan 2023Expired
Future Notice Date
Not specified
Award Date
16 Apr 20232 years ago
Contract Period
17 Apr 2023 - 17 Apr 2027 4-5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
THE FINANCIAL REPORTING COUNCIL LIMITED
Contact Name
Head of Procurement
Contact Email
procurement@frc.org.uk
Contact Phone
020 7492 2300

Buyer Location

Locality
LONDON
Postcode
EC2Y 5AS
Post Town
Central London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified
Local Authority
City of London
Electoral Ward
Bassishaw
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

TORCHBOX

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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